First Solar, Inc. financial data

Symbol
FSLR on Nasdaq
Industry
Semiconductors & Related Devices
Location
350 West Washington Street, Suite 600, Tempe, Arizona
State of incorporation
Delaware
Fiscal year end
December 31
Former names
FIRST SOLAR HOLDINGS LLC (to 12/23/2003)
Latest financial report
Q1 2024 - May 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 306 % -17.2%
Quick Ratio 64.1 % -18%
Debt-to-equity 53.1 % +49.9%
Return On Assets 10.3 % +1866%
Operating Margin 30.4 % +1651%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 107 M shares +0.2%
Common Stock, Shares, Outstanding 107 M shares +0.2%
Entity Public Float 20.2 B USD +181%
Common Stock, Value, Issued 107 K USD 0%
Weighted Average Number of Shares Outstanding, Basic 107 M shares +0.22%
Weighted Average Number of Shares Outstanding, Diluted 107 M shares +0.24%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.56 B USD +27.3%
Research and Development Expense 165 M USD +41.6%
Operating Income (Loss) 1.08 B USD +2129%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.11 B USD +938%
Income Tax Expense (Benefit) 86.3 M USD +32%
Net Income (Loss) Attributable to Parent 1.02 B USD +2361%
Earnings Per Share, Basic 9.59 USD/shares +2298%
Earnings Per Share, Diluted 9.54 USD/shares +2285%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.68 B USD +85.5%
Accounts Receivable, after Allowance for Credit Loss, Current 670 M USD +124%
Inventory, Net 971 M USD +29.2%
Other Assets, Current 426 M USD +56.2%
Assets, Current 4.24 B USD +17.2%
Deferred Income Tax Assets, Net 170 M USD +24.5%
Property, Plant and Equipment, Net 4.92 B USD +27.4%
Operating Lease, Right-of-Use Asset 82.2 M USD -9.97%
Intangible Assets, Net (Excluding Goodwill) 61.9 M USD +117%
Goodwill 28.7 M USD +98.7%
Other Assets, Noncurrent 536 M USD +38.5%
Assets 10.8 B USD +25.6%
Accounts Payable, Current 239 M USD -16.3%
Employee-related Liabilities, Current 19.9 M USD +15%
Accrued Liabilities, Current 528 M USD +34.7%
Liabilities, Current 1.76 B USD +49.8%
Deferred Income Tax Liabilities, Net 41.3 M USD +27%
Operating Lease, Liability, Noncurrent 34.3 M USD -10.8%
Other Liabilities, Noncurrent 171 M USD +40.9%
Liabilities 3.86 B USD +43.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -184 M USD -2.01%
Retained Earnings (Accumulated Deficit) 4.21 B USD +32.2%
Stockholders' Equity Attributable to Parent 6.9 B USD +17.6%
Liabilities and Equity 10.8 B USD +25.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 268 M USD
Net Cash Provided by (Used in) Financing Activities 40.7 M USD -62.2%
Net Cash Provided by (Used in) Investing Activities -569 M USD +11.9%
Common Stock, Shares Authorized 500 M shares 0%
Common Stock, Shares, Issued 107 M shares +0.2%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -262 M USD +54.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.7 B USD +84.5%
Deferred Tax Assets, Valuation Allowance 149 M USD +10.1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 511 M USD +44%
Operating Lease, Liability 44.6 M USD -6.72%
Payments to Acquire Property, Plant, and Equipment 413 M USD +11.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.02 B USD +318%
Lessee, Operating Lease, Liability, to be Paid 50 M USD -8.99%
Property, Plant and Equipment, Gross 6.69 B USD +24.2%
Operating Lease, Liability, Current 10.3 M USD +9.87%
Lessee, Operating Lease, Liability, to be Paid, Year Two 9.86 M USD -0.42%
Lessee, Operating Lease, Liability, to be Paid, Year One 11.5 M USD +4.78%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -13.2 M USD -119%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.42 M USD -24.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 7.32 M USD -12.5%
Deferred Tax Assets, Operating Loss Carryforwards 120 M USD -2.54%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -23.4 M USD -67.9%
Current Income Tax Expense (Benefit) 73.7 M USD +25.4%
Preferred Stock, Shares Authorized 30 M shares 0%
Unrecognized Tax Benefits 16.7 M USD +15.4%
Lessee, Operating Lease, Liability, to be Paid, Year Four 6.96 M USD +20.4%
Operating Lease, Payments 3 M USD +9.01%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 8.29 M USD +1976%
Current Federal Tax Expense (Benefit) 44.7 M USD +430%
Amortization of Intangible Assets 10.5 M USD -3.67%
Deferred Tax Assets, Net of Valuation Allowance 362 M USD +64.9%
Share-based Payment Arrangement, Expense 34.4 M USD +8.37%
Deferred State and Local Income Tax Expense (Benefit) -1.41 M USD -102%
Interest Expense 21.4 M USD +112%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%